Investments (GII) announced that they have signed a new exclusive agreement to develop and invest in a state-of- the art parking management system for Dubai Parks and Resorts, the region’s largest integrated theme park destination, set to open on 31 October this year.

Investments (GII) announced that they have signed a new exclusive agreement to develop and invest in a state-of- the art parking management system for Dubai Parks and Resorts, the region’s largest integrated theme park destination, set to open on 31 October this year.

More than 10,000 parking spaces will be developed by GII across two parking facilities at the theme park destination.

The parking facilities will include additional services including VIP and valet parking services, to further enhance the overall visitor experience. In addition, one of the parking areas will be serviced by a tram system that transports guests to Riverland Dubai, the gateway to the destination.

The 5 year profit-share agreement will generate revenue through parking tariffs and other related services. Parking fees will range from Dh50-80 for a full day of parking and Dh120-150 for VIP and valet parking services.

Mohammed Alhassan, Co-Founder and Chief Executive Officer of GII (GCC), commented on this partnership saying: “This collaboration with DXB Entertainments is a remarkable opportunity for our investors to be part of the region’s largest multi-themed entertainment destination, and contribute to the city’s Tourism Vision 2020.”